Form 990 for tax year 2024

Totals

Total revenue

$2,805,936

Total expenses

$2,921,393

Contributions and grants received

$2,801,921

Grants paid

$7,500

Program service revenue

$1,750

Investment income

$2,265

Other revenue

$0

Total assets, end of year

$696,498

Total liabilities, end of year

$881,624

Net assets or fund balances, end of year

-$185,126

Program services expenses (Part IX)

$2,778,448

Management and general expenses

$106,008

Fundraising expenses

$36,937

Program service expenses (Part III)

$2,778,448

Program services were 95.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• THE ARKANSAS CENTER FOR DATA SCIENCES (ACDS) PROVIDES SERVICES TO EMPLOYERS NEEDING SPECIFIC SKILLS TO MAINTAIN AND GROW THEIR BUSINESSES. IN 2023 ACDS WAS ASKED TO CONTINUE WITH THE IT SECTOR, BUT ALSO BEGIN TO WORK WITH EMPLOYERS IN ADVANCED MANUFACTURING, TRANSPORTATION & LOGISTICS, HEALTHCARE, AND ENERGY. ACDS PROVIDES THE EMPLOYERS A SUPPLEMENTAL STAFFING STRATEGY USING THE REGISTERED APPRENTICESHIP PROGRAM. AT THE END OF 2024, ACDS GREW THE IT SECTOR, HAD SIGNIFICANT OUTCOMES IN THE NEW SECTORS, AND A GROWING PIPELINE. THE NUMBER OF APPRENTICES GREW FROM 388 IN 2023 TO 710 IN 2024, AND THE NUMBER OF PARTICIPATING EMPLOYERS GREW FROM 145 IN 2023 TO 183 IN 2024. THE ACDS GOAL TO SCALE TO 400 APPRENTICES AND 100 EMPLOYERS HAS BEEN FAR EXCEEDED AS WE WRITE THIS IN NOVEMBER OF 2025. THE ROI FOR EMPLOYERS, THE LIFE CHANGING CAREERS FOR THE APPRENTICES AND THEIR FAMILIES, AND THE ECONOMIC IMPACT OF THE NEW WAGES IN ARKANSAS IS SIGNIFICANT. ACDS DEVELOPS THE TALENT APPLICATIONS BY ASSESSING, OFFERING FREE PRE-APPRENTICESHIP TRAINING, RESUME COACHING, AND MOCK INTERVIEWS. WE TAKE THE CANDIDATES WHERE THEY ARE CURRENTLY AND PREPARE THEM TO BE EMPLOYER READY. TODAY WE HAVE APPROXIMATELY 1,500 ACTIVE CANDIDATES, AND WE CONTINUE TO HAVE ALMOST 1,000 ACTIVE APPRENTICES.ACDS WORKS DIRECTLY WITH THE EMPLOYERS UNDERSTANDING THE SKILLS THEY NEED. ACDS WORKS WITH THE TALENT POOL AND PROVIDES PRE-APPRENTICESHIP TRAINING, WORK BASED LEARNING INTERNSHIPS, 48 IN 2024 WITH 80% BEING OFFERED FULL-TIME EMPLOYMENT AFTER THE INTERNSHIP.THE MONTHLY NEWSLETTER CONTINUES TO PLAN AN IMPORTANT ROLE FOR EDUCATION AND COMMUNICATION. THE NUMBER OF SUBSCRIBERS HAS GROWN FROM 8,800 IN 2023 TO 10,600 IN 2024. THE NUMBER OF SOCIAL MEDIA FOLLOWERS HAS GROWN FORM 4,109 IN 2023 TO 5,800 IN 2024.THE TALENT DEVELOPMENT TEAM HAD 5,589 INDIVIDUAL APPLICATIONS. IN 2024, THAT NUMBER WAS 5,589 BRINGING OUR TOTAL TO-DATE TO 22,531.THE UNIFIED COMMUNITY APPRENTICESHIP TEAM (UCAT), NOW THE APPRENTICESHIP EXPANSION TEAM, CONTINUED TO MEET MONTHLY IN 2024. THIS TEAM HAS EVOLVED TO AND ITS MISSION HAS BECOME THE STATEWIDE APPRENTICESHIP EXPANSION MEETING NOW WEEKLY.THE DEPARTMENT OF LABOR CONTINUED TO COMPLIMENT THE ACDS OUTCOMES THAT ARE BEING REPORTED QUARTERLY. ACDS BENEFITED FROM THE DEPARTMENT OF LABOR FORMULA FUNDING, STATE APPRENTICE EXPANSION FUNDING GRANTS, THAT THE STATE OF ARKANSAS DEPARTMENT OF COMMERCE FUNDED THROUGH THE DIVISION OF THE OFFICE OF SKILLS DEVELOPMENT. TWO NEW ACDS RESOURCES WERE ADDED TO FOCUS ON THE NEW SECTORS.

  Expenses $2,778,448 · Grants $7,500 · Revenue $1,750

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• THE VENTURE CENTER

  $7,500

  ENTERPRENEURIAL SUPPORT

Provenance

Return type

form_990

Tax year

2024

Filed

11 November 2025

IRS schema version

2024v5.2

Source object

202503169349304745

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.